Process Management Activities are the procedures undertaken by organizations to ensure that their operations are running efficiently and effectively. This involves identifying, documenting, and controlling processes, as well as measuring the results of these processes.
The ultimate goal of process management is to improve the quality and speed of processes, while also reducing costs. Process management activities typically involve analyzing current processes, making changes, automating processes, and monitoring results. Companies will also use process management to identify areas of improvement and implement corrective measures.
In order to ensure that processes are running optimally, process owners will need to monitor them and make any necessary changes on an ongoing basis. Additionally, process management activities are also important for ensuring compliance with applicable laws, regulations, and industry standards. By undertaking process management activities, companies can increase efficiency, reduce costs, and ensure compliance with applicable regulations.